Use the product/industry for toliet paper or handsanitizer.'
Discuss the impact COVID 19 is having on demand for the productor industry you have chosen. What factors are causing demand toshift?
Explain at least two of these factors. Is demand increasing ordecreasing for the product?
Discuss the impact COVID 19 is having on supply for the productor industry you have chosen. What factors are causing supply toshift? Explain at least two of these factors. Is supply increasingor decreasing for the product?
Draw the demand and supply curves for this product before COVID19. Point out equilibrium. Indicate, using labels and arrows whatdirection demand and supply has gone since the crisis has begun.Point out the new equilibrium. You do not have to make up numbers,but you need to accurately label demand, supply and equilibrium,both for the original market and the current market after theimpact of COVID 19
